● Jean-Luc Terrasse to become CEO of Valeo Lighting Systems and Group Executive Vice President, effective July 1, 2026. ● With over 30 years of industry experience in Europe and South America, Terrasse brings deep strategic and operational expertise to a critical pillar of future mobility. Christophe Perillat, Valeo CEO, has appointed Jean-Luc Terrasse as Chief Executive Officer (CEO) of Valeo Lighting Systems and Group Executive Vice President, effective July 1, 2026. He will report directly to Christophe Perillat and will be a member of the Executive Committee. With over 30 years of international leadership experience in operations, successfully leading major manufacturing and corporate functions in Europe and South America, Jean-Luc Terrasse is uniquely positioned to guide the Valeo Lighting Systems division into its next phase of growth, driving financial performance and innovation. “The Lighting Systems division plays a crucial role in our roadmap committed to profitable growth and safer mobility in our strategic plan ‘ELEVATE 2028’. Jean-Luc has extensive market knowledge and a deep understanding of Valeo’s culture and excellence in manufacturing,” said Christophe Perillat, Valeo CEO. “I am confident that in his new role as CEO of Valeo Lighting Systems and Group Executive Vice President, he will be invaluable in continuing to drive international growth and in pioneering the future of automotive safety and comfort for the Group.” “On behalf of the Group, I would like to express my sincere gratitude to Maurizio Marranelli for his 26 years of dedication to Valeo, and particularly for his contributions as CEO of Valeo Lighting Systems. Maurizio played a key role in building the Group’s technological leadership. I thank him for his outstanding achievements and wish him a happy and fulfilling retirement.” Jean-Luc Terrasse - Career Path Jean-Luc Terrasse began his career at Valeo in 1989 and has gained extensive international experience through various senior execu